Sangsin Brake Q1 2026 Consolidated Operating Profit of 2.2 bn Won Turns Black, Net Income 2.5 bn Won
Q1 2026 consolidated revenue 130.3 bn won, operating profit 2.2 bn won (swing to black), net profit 2.5 bn won, EPS 133 won (vs. prior-year loss of 1.4 bn and 0.45 bn).
Debt ratio 153.58%, net debt to equity 85.49% - high leverage. Total borrowings 236.6 bn won, cash 32.7 bn won.
Holds 2,111,140 treasury shares (9.83%) with no short-term disposal/cancellation plan. 2025 DPS 50 won (down 50% from 100 won).
Key subsidiaries: Sangsin E&G, India, Mexico, US entities continue losses.
2026 CAPEX plan 8.5 bn won, R&D 4.67 bn won (3.6% of sales).